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The creditors retake in Athens the evaluation of the rescue with views in the Eurogroup

The heads of mission of the creditor institutions of Greece today resumed in Athens the work of the third evaluation of the rescue program, with the aim of reaching a principle of agreement to the Eurogroup next Monday.

Athens, November 28 (EFE). - The heads of mission of the creditor institutions of Greece resumed today in Athens the work of the third evaluation of the rescue program, with the aim of to reach a principle of agreement until the Eurogroup next Monday.

According to sources of the negotiation cited by the local media, a first agreement during this week would allow the final conclusion of the evaluation in the Eurogroup of January 22 and the disbursement of the next tranche of financial assistance of 5,500 million euros.

Until now, however, Greece has only met some thirty of the more than 100 prerequisites included in this third evaluation, but it is expected that in the coming weeks the immense Most of the pending issues.

So far Greece has received 40,200 million of the third rescue for a maximum value of 86,000 million.

In an interview with the German newspaper Handelsblatt this Monday, the director of the European Stability Mechanism (ESM), Klaus Regling, pointed out that everything points to Greece finally needing a sum "clearly" below the maximum agreed.

After a first meeting this morning to address the general work agenda, the representatives of the so-called Quadriga - European Commission, European Central Bank, The European Stability Mechanism and the International Monetary Fund discussed energy issues with the Government, some of the most thorny of the evaluation.

The negotiations focus on the reduction of the dominant position of the public electricity company (DEI) and the liberalization of the gas market.

According to local media, the Government and the European Commission have agreed on the list of lignite power plants that this company will have to sell.

Another important obstacle refers to the putting into operation of a system of executions electronic mortgage, something that has been delayed and that the creditors consider as one of the key pieces to alleviate the portfolio of delinquent debts of the banks.

Until now Mortgage auctions are held only face-to-face, but protest actions by citizen associations in the courts led notaries to refuse to give enforcement procedures, and therefore there have been hardly any auctions.

The problem between Greece and its creditors could have been solved after the Association of Notaries of Athens yesterday agreed to participate in the electronic auction process.

Last June, the uncollected debts of Greek banks amounted to 103,400 million euros, equivalent to almost 60% of Greece's GDP and its reduction is considered essential by the creditors for the reorganization of the country's banking, which in the last seven years needed three recapitalizations.

Other pending matters refer to the process of privatization of state enterprises, to the liberalization of professions, to the operation of the administration public, as well as the restriction of the right to strike.

Greece hopes to close the financial assistance program on time in August of next year, and to re-finance itself in the markets without the need for preventive credit lines.

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